 "Astral's Flowguard pipes and fittings")
Shares of Astral Poly Technik were trading 4 per cent higher at Rs 1,211 on the BSE on Monday after the company reported 220 basis points improvement in Ebitda (earnings before interest, taxes, depreciation, and amortisation) margins at 21.02 per cent in the September quarter (Q2FY21), led by various cost optimisation measures.
The company’s sales during the quarter grew 10 per cent year-on-year (YoY) at Rs 747 crore, on the back of healthy 29 per cent YoY growth in adhesives business at Rs 190 crore. Profit after tax was up 6.6 per cent YoY to Rs 88 crore, supported
The company’s sales during the quarter grew 10 per cent year-on-year (YoY) at Rs 747 crore, on the back of healthy 29 per cent YoY growth in adhesives business at Rs 190 crore. Profit after tax was up 6.6 per cent YoY to Rs 88 crore, supported
